SINGAPORE – Oil prices fell on Monday after China released much-delayed trade data which showed that demand in the world’s largest crude importer remained lacklustre in September as strict COVID-19 policy and fuel export curbs depress consumption.
Brent crude futures for December settlement slid 40 cents, or 0.4%, to $93.10 a barrel by 0340 GMT after rising 2% last week. U.S. West Texas Intermediate crude for December delivery was at $84.66 a barrel, down 39 cents, or 0.5%.
